Nobody quits trading because of losses. They quit because of the emotional weight.
Thread 1/7
Here’s the truth most won’t say Losing money doesn’t kill traders. Carrying the weight of self-doubt does.
It seems unintuitive that a small 25 basis point interest rate hike in Japan would spike all risk assets, including tonight's -20% $ETH candle.
But you need to understand the way the carry trade works:
It's a leveraged unwinding.
The World Economic Forum has issued an urgent summons to world leaders to develop strategies to expedite its “Great Reset” globalist agenda.
The mysterious, corporate-led group of powerful world influencers will meet later this year to “accelerate the implementation” of the WEF’s plans to create a Marxist-based society in which ruling governments will control access to food and other commodities, as well as housing and transportation, and where everyone will work for the “common good.”
The WEF and the United Nations stressed that, while the Great Reset, also known as “Agenda 2030,” is nearly halfway to completion, a meeting is “urgently needed” to speed up its implementation. The organization lamented that progress has been hampered in recent years by “unforeseen setbacks due to the COVID-19 pandemic, major negative impacts of climate change, and the rising cost of food and fuel everywhere due to the conflict in Ukraine.”
Frustration over these delays has prompted a call for a meeting to “strategize” methods to expedite what the Geneva-based organization has touted as “arguably the greatest-ever human endeavor undertaken to create peaceful, just, equal, and sustainable societies.”
The WEF is also actively pushing for “civic participation” to advance its Great Reset by targeting “economic inequality, gender imbalances, corruption, and environmental degradation.”
WEF Founder and Executive Chairman Klaus Schwab has referred to his “‘Great Reset’ of capitalism” as a means of ushering in the world’s “fourth industrial revolution.”
The organization revealed its desired end game in 2018 with several “predictions” for a future communist utopia where “You’ll own nothing and be happy…whatever you want, you’ll rent,” and where “Meat will be a special treat.”
Schwab, whose father reportedly worked for the “Nazi party apparatus,” per The National Pulse, founded his elite Marxist army of the world’s most powerful leaders in business, academia, politics, and the arts in 1971. The group is shrouded in mystery — press access is strictly limited — and appears to be accountable to no individual or entity other than itself.
A 2023 Global Sustainable Development Report (GSDR) publication authored by The U.N. Department of Economic and Social Affairs stated that “solutions that can accelerate progress on the [Sustainable Development Goals of the United Nations (SDGs)] will be urgently needed.”
The 17 SDGs of Agenda 2030 were set forth at the 2022 Rio+ 20 summit in a document titled: “The Future We Want.”
The National Pulse reported that the SDGs were created in 2015 and “agreed upon by 191 UN Member State governments, though not necessarily their voting publics.”
Using a term that may sound eerily familiar to many, the WEF said that in its “quest to build back better, civil society is proposing new ways of achieving the SDGs and creating a better post-pandemic world.”
This world is envisioned as one in which everyone will work for the “common good” and willingly forgo the freedoms and opportunities of capitalism that offer financial independence and liberty. (Fism TV)
Follow with notifications on to stay updated and help fight back!
@Timeless_Crypto I have followed you for a long time and love your calls but I never understand as to why. Are you looking at the positive funding or overleverage to long side?
HYPERINFLATION IS COMMON AND VERY FAST
The speed of hyperinflation takes people off guard.
Cato made a table of 56 episodes.
Prices in 1945 Hungary doubled in 15 hours!
How fast will this be in the internet age?
Buy Bitcoin and get your coins off exchanges.
Printing is here and you may only have hours.
https://t.co/hp0Kknpveq
@ImNotTheWolf Sounds logical. I also felt a Bart structure would happen but it got rejected. Now I'm leaning towards at least a take out of the range lows. Asses reaction before jumping long or potentially short the retest.
The real reason I am turbo bearish...
I actually think crypto SENTIMENT bottomed during FTX.
The PROBLEM is stocks/the S&P 500 and the "passive investing" bubble that's been created.
IMO this is a giant problem that will cause the bottom in stocks, thus send crypto down.
Why
Fear of being wrong typically leads to poor trade management.
- Closing around entry as soon as PnL flashes red
- Immediately jumping to low time frames to monitor a higher time frame trade
- Moving stop to break even as soon as possible even though nothing has changed
1/5
Educational Thread: How to ride a trend in this #Altcoin market. Liquidity hops from 1 narrative to the next, so be sure to understand
I'm going to use $ETH in July as an example. This is also relevant to the current $FET traders.
All dependent on $BTC being stable
@Roman_Trading@Gfeltifish That's true but it's mean you shouldn't wear a seatbelt or speed. You still take precautions. Yes 1% but if that was your 1%, mother and uncle. You will take everything precaution whatsoever
1/4
It seems that many people are still not aware of 'modular' private Layer 2 networks made possible by the likes of @StarkWareLtd.
@0xPolygon is/has developed it's own as well.
With this technology, DEXs are able to compete with the likes of CEXs.